DA Davidson analyst Kevin Fitzsimmons maintains Synovus Finl (NYSE:SNV) with a Buy and raises the price target from $47 to $55.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/10/2024 | $53.00 | Buy | Citigroup |
| 10/1/2024 | $48.00 → $46.00 | Overweight → Equal Weight | Wells Fargo |
| 9/17/2024 | $49.00 | Mkt Perform → Outperform | Raymond James |
| 6/24/2024 | $39.00 → $46.00 | Equal Weight → Overweight | Barclays |
| 4/19/2024 | $46.00 → $38.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 4/18/2024 | Strong Buy → Mkt Perform | Raymond James | |
| 3/8/2024 | $42.00 | Equal Weight | Barclays |
| 1/8/2024 | $42.00 | Neutral → Buy | UBS |
Synovus Financial Corp. ("Synovus") (NYSE:SNV) today announced the pricing of its previously-announced underwritten public offering of $500 million of fixed rate / floating rate senior notes due 2030 (the "Notes"). The Notes will bear interest (i) from and including November 1, 2024 to but excluding November 1, 2029 at a fixed rate of 6.168% per annum; and (ii) from and including November 1, 2029 to but excluding November 1, 2030 in accordance with the formula for SOFR described in the prospectus supplement related to the offering, plus 2.347%. The offering is expected to close on November 1, 2024, subject to customary closing conditions. Synovus intends to use the net proceeds from the off
Synovus Financial Corp. ("Synovus") (NYSE:SNV) today announced an underwritten public offering of senior notes due 2030. Synovus intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of existing debt. BofA Securities, Inc. and Morgan Stanley & Co. LLC will serve as the active joint book-running managers for the offering, and Synovus Securities, Inc. will serve as a passive book-running manager for the offering. Synovus is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933, as amended (the "Securities Act"). The offering is being made solely by means of a separate prospectus su
Synovus Bank recently named Rick Arbuckle as the senior director, middle market for wholesale banking. In this new area of expertise for the bank, Arbuckle will develop and manage a comprehensive legal fiduciary services platform to deliver depository banking and cash management services to professional fiduciaries nationwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024226140/en/Rick Arbuckle named senior director, middle market for wholesale banking at Synovus. (Photo: Business Wire) "Rick has extensive experience in the banking industry, and his innovative approach and dedication to meeting the unique needs of profess
4 - SYNOVUS FINANCIAL CORP (0000018349) (Issuer)
4 - SYNOVUS FINANCIAL CORP (0000018349) (Issuer)
4 - SYNOVUS FINANCIAL CORP (0000018349) (Issuer)
Diluted earnings per share of $1.18 versus $0.60 in 3Q23 Adjusted diluted earnings per share of $1.23 versus $0.84 in 3Q23 Synovus Financial Corp. (NYSE:SNV) today reported financial results for the quarter ended Sept. 30, 2024. "Our third quarter earnings results demonstrate strong fundamental trends. We posted an adjusted return on average assets of 1.3% and adjusted return on tangible common equity of 17.1% while managing down our adjusted tangible efficiency ratio to 53%. As we move to a more favorable environment, I remain optimistic about our ability to accelerate growth given increased loan production and sustained strong core fee generation. Additionally, we have further de-riske
Synovus Financial Corp. (NYSE:SNV) will announce third quarter 2024 earnings results after the market closes on Wednesday, Oct. 16, 2024, and host a conference call at 8:30 a.m. ET on Thursday, Oct. 17, 2024. A live audio webcast, listen-only conference call and presentation deck will be available with the news release and tables at http://investor.synovus.com/event. A replay will be posted on the company's website approximately one hour after the call ends and will be available with the news release and presentation deck for 12 months. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. Synovus provides commercial
The board of directors of Synovus Financial Corp. (NYSE:SNV) has declared the following quarterly dividends: $0.38 per share on the company's common stock, payable on Oct. 1, 2024, to shareholders of record as of Sept. 19, 2024. $0.57251 per share on the company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on Sept. 23, 2024, to shareholders of record as of Sept. 15, 2024. $0.52481 per share on the company's Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on Oct. 1, 2024, to shareholders of record as of Sept. 15, 2024. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with appro
Citigroup initiated coverage of Synovus with a rating of Buy and set a new price target of $53.00
Wells Fargo downgraded Synovus from Overweight to Equal Weight and set a new price target of $46.00 from $48.00 previously
Raymond James upgraded Synovus from Mkt Perform to Outperform and set a new price target of $49.00
8-K - SYNOVUS FINANCIAL CORP (0000018349) (Filer)
10-Q - SYNOVUS FINANCIAL CORP (0000018349) (Filer)
8-K - SYNOVUS FINANCIAL CORP (0000018349) (Filer)
SC 13G/A - SYNOVUS FINANCIAL CORP (0000018349) (Subject)
SC 13G/A - SYNOVUS FINANCIAL CORP (0000018349) (Subject)
SC 13G - SYNOVUS FINANCIAL CORP (0000018349) (Subject)
4 - SYNOVUS FINANCIAL CORP (0000018349) (Issuer)
4 - SYNOVUS FINANCIAL CORP (0000018349) (Issuer)
4 - SYNOVUS FINANCIAL CORP (0000018349) (Issuer)
Morgan Stanley analyst Manan Gosalia maintains Synovus Finl (NYSE:SNV) with a Equal-Weight and raises the price target from $38 to $41.
Barclays analyst Jared Shaw maintains Synovus Finl (NYSE:SNV) with a Overweight and raises the price target from $46 to $47.
RBC Capital analyst Jon Arfstrom maintains Synovus Finl (NYSE:SNV) with a Outperform and raises the price target from $45 to $49.
Synovus Financial Corp. (NYSE:SNV) today announced the appointment of President and Chief Executive Officer Kevin Blair to chairman of the board, effective Jan. 1, 2023. Blair succeeds Kessel D. Stelling, who is retiring as chairman on Dec. 31, 2022, and will continue in an advisory role with the company until Jan. 1, 2025, as previously announced. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221215005041/en/Kevin Blair, Synovus President and Chief Executive Officer. (Photo: Business Wire) Blair has served as president and CEO of Synovus since April 2021. He joined Synovus in 2016 as executive vice president and chief financial
Synovus today announced the appointment of Shellie Creson as its chief risk officer. She succeeds Mark Holladay who retired from Synovus in March 2022. Creson reports to President and CEO Kevin Blair and joins the Synovus Executive Leadership Team. She leads the company's corporate risk management strategy, continuing to transform, strengthen and sustain its strong risk culture. Creson is based in Atlanta, Georgia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220802005257/en/Synovus Chief Risk Officer Shellie Creson (Photo: Business Wire) Prior to Synovus, Creson served as executive vice president and chief audit executive at F
Synovus Bank today announced the appointment of Ken Ho as its new chief analytics officer, a newly created role overseeing the company's execution of data sciences and advanced analytics to identify and implement opportunities that drive bottom line value across all business units. Ho will report to EVP and Head of Consumer Banking and Brand Experience Liz Wolverton. He will oversee the Synovus analytics team, charged with fully leveraging data and analytics to develop client and prospect insights to drive client acquisition and deepen client relationships. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220113005136/en/Ken Ho joi